GTN Q2 2019 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q2 2019 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$508M+102.9% YoY

Gross Profit

$185M36.4% margin

Operating Income

$119M23.4% margin

Net Income

$44M8.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$55M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$5.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$251M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$508M	$250M	+102.9%
Gross Profit	$185M	$108M	+70.6%
Operating Income	$119M	$80M	+49.3%
Net Income	$44M	$41M	+8.1%

Revenue Segments

Advertising

$287M36%

Local Advertising

$226M28%

Retransmission Consent

$201M25%

National Advertising

$56M7%

Service, Other

$11M1%

Production Companies

$9M1%

Political Advertising

$5M1%